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Mark Harris Real Estate
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W5146572
$7,500,000

94/100 Lakeshore Rd E (Lakeshore Rd E/ Elizabeth St N)

Price: $7,500,000

Status: For Sale 

MLS®#: W5146572

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$7,500,000
  • Tax: $55,000/Annual (2021)
  • Community:Port Credit
  • City:Mississauga
  • Type:Commercial
  • Style:Commercial/Retail
  • Size: 9,751 Sq Ft
  • Basement:Y

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal

Listing Contracted With: KELLER WILLIAMS REAL ESTATE ASSOCIATES, BROKERAGE

Description

94/98/100 Lakeshore Rd E - 4 Retail Tenants + 1 X 2 Bed Apt + 2,151 S.F Of Office Space- Gross: $343,056 + Hst. All Longer Term Leases With Escalation Clauses And Option To Renew At Market Value. 100 Lakeshore Has Future Potential To Build Apartments Overhead (3-4 Stories). Over $1 Million Spent In Renovations. All New Vinyl Windows 2021. Brightwater Developments And Several High Rise Developments Within Immediate Area.


Highlights

Two Lot's Merged Into 1. Includes 11 Parking Spaces. Minimal Building Expenses, Tenants On Net Lease Term's And Responsible For Their Own Utilities/ Maintenance. Clean Phase 2. Last Comparable Sale 115 Lakeshore Rd E At 3.5% Cap.

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Mark Klein Harris

Sales Representative

Keller Williams Real Estate Associates Brokerage

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